Ex-Enron CEO Skilling resentenced to 14 years

11:05 PM,
Jun. 21, 2013

Former Enron CEO Jeffrey Skilling was resenteced to 14 years on Friday.

Written by

Kevin McCoy
Gannett

Former Enron CEO Jeffrey Skilling - serving a 24-year prison term for his role in the once-mighty energy giant's collapse - was resentenced to 14 years Friday as part of a court-ordered reduction and a separate agreement with prosecutors.

The reduction brought a long-delayed conclusion to one of the most notorious U.S. financial scandals, and means the disgraced executive could leave prison as early as 2017.

Skilling has been in prison since 2006, when he was sentenced to 24 years by U.S. District Judge Sim Lake in Houston. But a federal appeals court vacated his prison term in 2009, ruling ...